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mandated tax increases and spending cuts come january 1st. republican leader john boehner called the meeting constructive saying a deal is possible with conditions. >> to show our seriousness we've put revenue on the table. as long as it's accompanied by significant spending cuts. >> the impact of the fiscal cliff would be widespread. for example all tax cuts that took effect a decade ago would end. and domestic programs would be reduced bid that same amount. that optimism in washington helped wall street temporarily stop its postelection slide. the dow closed 45 points higher today. the nasdaq gained 16. the markets rallied higher after the remarks from the president and congress. >>> former cia director petraeus was back in capitol hill today exactly one week after he acknowledged an extramarital affair. as john fowler reports, lawmakers questioned the four star general about the deadly attack at the u.s. consulate in libya. >> reporter: retired general petraeus apologized to lawmakers for his apair that led to his resignation last week. reveals a military culture of sexual cor
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